Netflix crushed Q1 earnings just like they did in Q2, Q3, and Q4.
Subscriber growth in Q1–2018:
1) Projected — 6.4M
2) Actual — 7.4M
Milestone: The company topped 125M subscribers for the first time!
Just a bit outside: Back in May 2017 we wrote about a bold prediction that thought Netflix could reach 128M subscribers by 2022!
Wow: Over the past four quarters, Netflix has beaten guidance by 6M subscribers. That number alone would be the #3 streaming service behind Netflix and Hulu!
Big news: Comcast Will Start Bundling Netflix Into Xfinity TV Packages